of chicago. ♪ >> this week brought back memories of the day newt gingrich gave us his contract for america. today, he is occupied with dreams of being president of less than six weeks to go before the midterm election, house republicans revealed a new pledge to america which proposes to extend the bush tax cuts and shutting down the health care law. it involves pulling back on stimulus money and reducing the size of the federal government. what is new on this? >> nothing, it is a portable document which means it is dishonest. they say they will reduce deficits by cutting taxes. it just won't happen. most voters know it is dishonest and it is a document they don't believe in. >> i watched this unveiling as i watched the democrats and it just seems like noise at this point, meaningless noise. in this case it was orchestrated in order to have no ties and everyone sitting around trying to be something there were not and that is exactly what it looked like them up. as far as the november elections, this will not be a positive. it gets them off the party of being no and put something out there.